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Foreclosure Homes in Decatur, MS 39327

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Decatur, MS Foreclosures

How much do homes sell for in Decatur, MS?
The average home price is currently $173,167.
In Decatur, MS, how many homes are available?
There are currently 3 active home listings available in Decatur.
What’s the average rental cost in Decatur, MS?
The average rental price in Decatur is $1,049.
What is the most expensive home in Decatur?
The most expensive home sold in Decatur had a price of $1,216,209.
What is currently the cheapest priced home in Decatur, MS?
The cheapest home for sale in Decatur is priced at $27,600.

Living in Decatur, MS

Decatur, MS, is a quaint small town known for its warm community spirit and beautiful outdoor spaces. Residents enjoy a peaceful lifestyle, access to public parks, and a family-friendly environment with good schools. Close to the Chunky River, Decatur offers plenty of recreational activities for nature enthusiasts.

Current Market Conditions in Decatur, MS

The real estate market in Decatur is currently stable, with an increasing trend in home values due to the increasing demand for affordable housing options. The small-town appeal and community-driven lifestyle attract buyers looking for a relaxed pace of life without compromising on essential amenities.

In recent months, there has been a noticeable uptick in home sales, especially among first-time buyers looking for modest single-family homes. This trend is partly driven by the low inventory of homes, which has made properties sell quickly and often above asking price.

Home Value Estimator For Decatur, MS

There are currently 766 real estate properties in Decatur, MS, with a median automated valuation model (AVM) price of $142,440.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Decatur, MS, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Decatur, MS, is $173,167.00, with the most expensive house in Decatur, MS, topping out at $1,216,209.00 and the cheapest home in Decatur, MS, clocking in at $27,600.00. In other words, there’s something for every potential homebuyer or savvy investor in Decatur, MS!

Rent Prices In Decatur, MS

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Decatur, MS, is on a rollercoaster ride. The average rent price in Decatur, MS, is $1,049.00. Indeed, when looking to rent in Decatur, MS, you can expect to pay as little as $600.00 or as much as $2,090.00, with the average rent median estimated to be $1,010.00. The good news is that finding an affordable and desirable property to rent in Decatur, MS -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Decatur, MS 39327 Foreclosures


Market Trend for Decatur, MS

Total Listings Available: 3

Market Values:

Home Prices from $27,600 to $1,216,209

Average Sales Price: $173,167

Rental Values:

Rental from $600 to $2,090

Average Rent Value: $1,049 / month

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